Friday, March 30, 2012

Dodgers Saga - Only in America

So this ass buys the Dodgers for about $400 million, lets the franchise decay to one of it's all-time low points, goes insolvent, and has Selig strip him of his duties.  Turns around and sells for $2 billion!  I heard he is coming out of it with $800 million in cash.  Mark Cuban said he was not interested above $1 billion and the Steve Garvey group went to 1.2.  Forbes had them valued at $800 million.  And McCourt still has parking revenue!  The talk is that unless they sell someone on a Dodger-only network, there is no way the new owners can make the finances work.  $2 billion!

The Dodgers are one of the few franchises in all of sports that carry the history and status to really matter.  If this group is too strapped to put money into player development and to be active in free agency, they will be no better off than with McCourt.  How would you like to know that you bid almost a billion dollars above the other bidders?  I like for the Dodgers to be good.  I'm afraid this splashy news will end up being a disaster.

S

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